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Segment information (Tables)
12 Months Ended
Dec. 31, 2024
Operating Segments [Abstract]  
Summary of segment information
Segment adjusted EBITDA
                                                 
Year Ended December 31
202420232022
Florida business segment249,665 221,227 130,520 
Mid-Atlantic business segment134,792 118,260 72,753 
Subtotal reportable segments$384,457 $339,487 $203,273 
STET segment(6,070)(6,371)(5,119)
Unallocated corporate (1)
(19,803)(4,743)(5,057)
Finance cost, net(26,175)(22,244)(19,078)
Depreciation, depletion and amortization(99,941)(91,079)(87,728)
Loss on disposal of fixed assets(2,411)(3,852)(1,186)
Asset impairment recovery/(loss)— 609 (525)
Foreign exchange gain/(loss), net20,846 (11,981)19,990 
Derivative financial instrument (loss)/gain, net(22,441)10,967 (18,534)
Fair value loss on sale of accounts receivable, net(4,620)(6,113)(3,041)
Share-based compensation(3,841)(3,173)(2,402)
Other3,617 871 (901)
Income before income taxes$223,618 $202,378 $79,692 
    
(1)     Unallocated corporate include IPO transaction costs incurred during 2024, which primarily consist of consulting, legal and accounting fees.
External revenue are transactions with external customers for each of the business segments.
Year Ended December 31
202420232022
Florida business segment$997,575 $969,932 $808,558 
Mid-Atlantic business segment634,946 619,683 553,335 
STET segment1,872 1,986 2,253 
Total External Revenue$1,634,393 $1,591,601 $1,364,146 
Depreciation, depletion and amortization per segment is as follows:
Year Ended December 31
202420232022
Florida business segment$60,296 $57,000 $55,655 
Mid-Atlantic business segment38,954 33,472 31,490 
STET segment675 591 576 
Corporate16 16 
Total depreciation, depletion and amortization$99,941 $91,079 $87,728 
Capital spending is investment in property, plant, equipment and intangible assets (e.g. software), excluding additions to quarries.    
Year Ended December 31
202420232022
Florida business segment$70,445 $74,458 $85,725 
Mid-Atlantic business segment58,819 41,970 40,683 
STET segment59 83 72 
Corporate1,183 349 4,233 
Total Capital Spending$130,506 $116,860 $130,713